Goldman Sachs (NYSE:GS) chief executive David Solomon was awarded an $80 million stock award to stay at the bank for another five years, it disclosed in a regulatory filing on Friday. John Waldron, Goldman's (GS),
The Wall Street veteran will also earn an $80 million retention bonus if he remains with the bank for another five years.
Retention bonus and big pay raise quell any remaining questions about the CEO’s ability to stay in place
The ways AI is changing the work of bankers and analysts just got clearer at the Wall Street bank.
Goldman Sachs is one of the biggest investment banker “book runners” for IPOs -- where banks are paid many millions of dollars for each listing they
Inflation worries remain despite strong earnings as JPMorgan Chase’s Jamie Dimon and David Solomon of Goldman Sachs weigh risks.
At an event hosted by Cisco on Wednesday, Goldman Sachs CEO David Solomon indicated that the multi-year IPO drought should be coming to an end.
Goldman Sachs posted its best profit since the third quarter of 2021, driven by bankers who brought in more fees from dealmaking, debt sales and strength in trading, sending its shares up 3% before the bell.
"There's some possibility" the credit-card partnership between Goldman Sachs (NYSE:GS) and Apple (NASDAQ:AAPL) will conclude before the contract's 2030 expiration date, Goldman CEO David Solomon said during his firm's (NYSE:GS) Q4 earnings call on Wednesday.
Goldman Sachs has awarded CEO David Solomon an $80 million bonus to secure his leadership for the next five years.
Goldman Sachs CEO David Solomon got a 26% pay raise last year, taking his compensation to $39 million. That's according to a company filing that also showed he was granted an $80 million stock retention bonus,